did look that up and governor romney is right. the federal government should provide guarantees for post bankruptcy financing . car buyers, their cars are not at risk. the fedal commurt will help rather than seal it with a bail out check. so he said in 2008 in the new york timings. you say mitt romney's right and his plan would have sached billions of dollars. >> he's broadly right. this is just bailout of obama was theft. it was taking money from creditors and giving it to the hands of union. the idea that a company goes bankrupt and disappear is a fiction that the obama administration would like you to believe. airlines and companies go bankrupt and restructure the loans and get lean yer taxpayers are off of the hook and everybody is happy and get better cars. a lot of mom and pops called it theft. the real fiction here. yes, it is true a company can go in bankruptcy and emerge. real life was gm-chrysler didn't have enough money to pay suppliers or employees, and by the time the government could have negotiated guaranteed with a